where is that one that wrote "sell your car the first week of april as prices are already the top"? ciao
Yellow/Black 1989 328 with 21,400 miles for $134,900. Looks like it has a full sized spare and alloy wheel that was curbed rather than the factory space saver. 1989 Ferrari 328 GTS - Exotic Car Dealership NY - Exotic and classic cars & storage They also have a red/black 1989 GTS with 4,100 miles for $159,900. 1989 Ferrari 328 GTS - Exotic Car Dealership NY - Exotic and classic cars & storage
There's an '89 328 GTB coming up for auction in July at Auctions America in California and the estimate is $65,000 to $85,000! Either it's not a very good car, or they have no idea what an '89 GTB is worth. No photos or description listed on the site yet. 1989 Ferrari 328 GTB - California
To give you data, my 86 328 GTS with 53000 miles was evaluated in december 2014 at 60000$. Evaluator wrote: "Original vehicule in very good condition". I assume it would be higher now. By how much? Don't know...
295k is incredible...didn't know red/nero was such a rare combo....our 88 is red/nero w/11,000 miles...i guess the pricing all depends on what the right buyer will pay...if history tells us anything its that this is not a bubble...these cars are going to continue to appreciate rapidly...best to hold tight
Asking price of $36,500 for a 35k mile car with modified interior might be a reasonable asking price, IF it didn't need an entire front clip.
Hold tight until when, that's the question. Some of us on the fence are unsure of the best time sell. If the bubble bursts, and we're on the sidelines, well, that'll suck. I'm more and more leaning towards making a move with my 87 GTB. I love the car but at its current value I hesitate to drive it anymore. Greg
The way the market is,IMO that car in nice condition is $65-70k and still heading north. The guy who buys it will have fun spending endless hours on ebay looking for parts and hoping to do most of the work himself over 2-3 years. If I didn't already have 2 gtbs I would consider it. Paul
Paul, you might check out the post " Where does Beverly Hills Car Club get these from???". There's another thread on that car. From my perspective and you'll understand if you read the other posts, the wrecked car will NOT pencil out. Finding a parts car to replace the parts for a front end wrecked 328, is truly a needle in a haystack these days. While there's LOTS of high dollar cars for sale- what seemed like an OKAY 328GTS sold a few days ago for 56K. That's a pretty big spread from the dealer advertised cars. Funny we all watch the price raise, and think how terrific it is, but at the same time " I love the car but at its current value I hesitate to drive it anymore. " Stealing the line from greg328's post. Today was a sunny warm day, and I needed to pick up items from town. Did I drive a Ferrari, for a mundane parts run? hate to say it, I drove a Honda. I DID drive two Ferraris last weekend however, and what a joy it is. For the right occasion, I don't care if the 328 or TR hits a half million bucks, I'm gonna DRIVE them. I have a 12,000 mile 328GTB. How much will I lower the value by driving it a few thousand miles? I'm NEVER going to look back and think I drove it too much. We only go around ONCE, make the most of it!
There is a brand new, full and complete, front clip that pops up regurarly from time to time on E-Bay UK; its asked price has risen recently from about 11.000 euros to about 18.000; of course, this does not include packing and shipping, or taxes... Rgds
I can offer for free my experience with 208-308-328 GTB/GTS cars (10 cars purchased in one year): the best deal is the perfect car, whatever the price is. The worst deal is the car that requires big works, whatever the price is. ciao
I think you have a very valid point there Alberto. The costs of labour one has to outsource, or otherwise the amount of time that is needed if you can do the needed work yourself is often underestimated. A lot. How many "projects" end up in the back of the garage under a cloth, due to the lack of available time and/or funds ? I have build 2 105-series Alfa Romeo race/track cars (not at all the same as restoring a Ferrari road car, but nevertheless), one "just for fun", and one because I "had to", forced by the available budget. In the end, as almost always, the conclusion is that you in fact would have been better off (financially) buying the "expensive/ready to race/drive" car. Of course there is the joy and reward of your own build/job, that is if you manage to get the job done..;-)
I am wondering what effect the repaired damage in the history of this 328 will have on its value, of course imagening that the repair has been done properly and as good as non visiable. My 328 also had a front damage (nothing like this one) many years before i owned this 328. Despite repair was done to a good standard by a well known Ferrari & other exotic body shop (according to various insurer specialists), I found plenty of small issues hidden under the body and panels and I spend very many hours to get it perfect. It would however be too expensive for an expert body shop to do it to this standard. Verdict, if you cannot and don't do it yoursef it will not be as good as a car without damage in its history.
Oh of course Menno, of course! My remark was just to underline that the price of a new front clip alone is no small beer by itself. Factor in the cost of labor to have the car in perfect shape again (as you are pointing out rightly) and it makes bringing back this car to a healthy standard a VERY costly perspective indeed... Rgds
I don't think the bubble will burst, it seems that these cars continue to appreciate or they level off but I can't think of an example of a car suddenly becoming less desirable/collectable. I also hesitate to drive mine anymore...which sucks...because in my opinion it is by far the best driving experience compared to my TR and 348...that said i'll never sell unless it becomes a seven figure car some day down the road.
I don't see why you'd hesitate to drive it just because of the value. It's insured, right? There are people driving around in MUCH more expensive cars. Just drive it and enjoy it.
Because my car is 99.9% perfect and original. Any accident will reduce value. These other expensive cars you speak of are most likely losing value every day, and also are probably easy to repair and find parts. Not so much 328s. Greg
How many people are actually driving around public streets in their vintage multi-million dollar Ferrari? Not counting vintage events/races? I live in Houston and I've never seen one on the streets. And I've been watching the streets for Ferraris for 35 years. Greg Sent from my iPod touch using Tapatalk
That wasn't really the point I was making. If you're not going to enjoy it, you may as well just sell it and enjoy the money instead. That's my view.
81897, an Euro 328 GTS sold at an auction a few weeks back in the USA, with 786 miles on the odo, is back for sale on E-Bay. The bids begin at 250.000 US dollars, but you could get it through "buy it now" for 325.000... Happy bidding... Ferrari 328 | eBay
